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2 marksFinancial Statement Analysis and Interpretation

CAPE Accounting Unit 1 · 2017 · Paper 2 · Question 3(a)(i)

Financial statements and additional data of Kingsland Ltd for 2015 and 2016.

Calculate the Net income percentage for 2015 and 2016.

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Other parts of this question

  1. 3(a)(ii)Calculate the Inventory turnover ratio for 2015 and 2016.[2 marks]
  2. 3(a)(iii)Calculate the Quick ratio for 2015 and 2016.[2 marks]
  3. 3(a)(iv)Calculate the Earnings per share for 2015 and 2016.[2 marks]
  4. 3(a)(v)Calculate the Debt to equity ratio for 2015 and 2016.[2 marks]
  5. 3(b)(i)Define any TWO of the ratios in (a) AND use EACH ratio defined to comment on the performance of the company over the two-year period.[6 marks]
  6. 3(b)(ii)List TWO limitations of using ratios to evaluate the performance of the company.[2 marks]
  7. 3(c)Compute the missing figures for items A to I in the partially prepared Cash Flow Statement for Kingsland Ltd for the year ended 31 December 2016.[13 marks]
  8. 3(d)Distinguish between the role of a 'liquidator' and that of a 'receiver'.[4 marks]

More practice: the rest of this paper · more Financial Statement Analysis and Interpretation questions · all CAPE Accounting Unit 1 past papers